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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Tam O'Shanter-Sullivan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,008,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Open the gate to your next chapter at Lynn Gate! This well maintained 3+1 bedroom, 3 bathroom home provides space, functionality, and comfort on a quiet family friendly street. The bright living room with large picture windows and a wood burning fireplace offers a great place to relax and unwind, and is conveniently open to the dining room. The lofted ceiling makes the home feel inviting and airy. Each of the three main floor bedrooms offer ample space and natural light, including a large primary suite with its own private two-piece ensuite and easily fits a King-sized bed. Downstairs you'll find an amazing, finished basement with a large bedroom, bathroom, two living spaces, and lots of additional storage. The space is ideal for a home office space, a gym, a guest suite, or cozy family room. The separate side entrance makes it perfect for multi-generational living, guests or even a potential basement apartment. Enjoy outdoor living in the backyard, complete with room to garden, relax, or play. This home is conveniently located close to the TTC/Subway, Hwy 401/404/DVP, Fairview Mall, many restaurants and Costco. Its just a short walk to Lynn Gate Park and school. Don't miss out on this rare opportunity to own a great home owned by the same family for over 40 years!
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Data-driven valuation for 6 Lynn Gate Crescent, Toronto E05, ON M1T 2E2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,008,000 in Toronto, the legal minimum down payment is $201,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,635 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,635 also applies, bringing the total estimated land transfer taxes to $33,270.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.